Senior Accountant – Payable & Receivable (SAUDI Only)

Senior Accountant – Accounts Payable & Receivable

Job Summary:

We are seeking a detail-oriented and experienced Senior Accountant to manage Account functions, with a specific focus on transactions involving related parties and affiliate companies . The ideal candidate will ensure accurate and timely processing of intercompany transactions, reconciliations, and reporting in accordance with accounting standards and internal controls.

Key Responsibilities:

• Process and record government payments.
• Review supporting documents for accuracy and ensure proper approvals are obtained.
• Coordinate with procurement and operations to resolve discrepancies.
• Issue invoices to affiliate companies and ensure timely collection of dues.
• Monitor and follow up on outstanding receivables.
• Handle receipt allocations and ensure accurate application against invoices.
• Maintain strong communication with related entities to resolve disputes.
• Reconcile intercompany balances on a monthly/quarterly basis.
• Reconcile accrual balances and resolve supplier discrepancies.
• Prepare intercompany confirmations and ensure matching balances.
• Assist in preparing supporting schedules for audit and compliance requirements.
• Ensure transactions comply with internal policies and transfer pricing rules.

Qualifications:

• Bachelor’s degree in accounting, Finance, or related field (CPA/ACCA/CMA is a plus).
• Minimum 5+ years of experience in accounting.
• Strong knowledge of IFRS, especially regarding related party disclosures.
• Hands-on experience with ERP systems (e.g., SAP, Oracle, Microsoft Dynamics).